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Nick Wilhelmson Of RangeWater Real Estate Acquires 7.94 Acres In Austin For Rental Project

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SOLD

Texas

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Development Site
Sold 04/14/2025
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Property Image
SOLD

Nick Wilhelmson Of RangeWater Real Estate Acquires 7.94 Acres In Austin For Rental Project

11800 Menchaca Road

See Similar Deals
Development Site
Sold 04/14/2025
the dealdetailscomps

Summary

TEXAS
Asset Type:Development Site
Transaction Type:Sale

A development site consisting of 7.94 acres located at 11800 Menchaca Road in Austin was involved in the transaction. The property is being developed for a 240-unit rental project, targeting the tech-driven population in the Austin area.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Not disclosed
  • Address: 11800 Menchaca Road
  • Market: Austin
  • Acres: 7.94
  • Buyer: Nick Wilhelmson - RangeWater Real Estate; TMGRI

This transaction marks the second joint venture between RangeWater Real Estate and TMGRI. The project is planned to break ground in the second quarter of 2025 and will include modern amenities to support the growing populations in the region.

Players

RE
RangeWater Real Estate
BUYER

Details

SOLD
IMAGE: Nick Wilhelmson DATE: 04/14/2025 ADDRESS: 11800 Menchaca Road MARKET: Austin ASSET TYPE: Development Site ~ ACRES: 7.94 BUYER: Nick Wilhelmson - RangeWater Real Estate (@LiveRangeWater); TMGRI NOTE: RangeWater Real Estate and TMGRI acquired 7.94 acres at 11800 Menchaca Road in South Austin for a 240-unit rental project, marking their second joint venture and expanding RangeWater’s Texas footprint. The development, set to break ground in Q2 2025, will feature modern amenities and target Austin’s growing tech-driven population.

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